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HomeMy WebLinkAbout2496 23898~ ~ ~ THIS INDENTURE, ~de llth ~y o~ Se~i'~ember, ~.p. 19 ~~fwfM ~2uth ~ ~ ? ' ~ Marion M. Sizemore and~(Nadeline Siaemore, his wif e of St. Luc ie ~W~~y Flwida, MQfCifNfiM deignatcd as the "MORTGAGOR." and FtRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF fORT PlfR~E, a corporation organized and existing under the laws of tM United SUtas of America a~d Mving itf principal place of business in the City of Fort Pisrce, St. lucie County, fbrida, hereinafter desiynated ss the "MORTGAGEE." WHEREAS tM MORTGAGOR is ju~tly indab~ed to tF?e MORTGAGEE in the sum of i 15~~90•~ gooc! and lawfu! money oi 1he Un~ted Sfates advanced by the MQitiGAGEE v~to the MORIGAGOR, as evidented by a certain promi~swy noq oi evtn da1~ herewith, of wh~ch the followir~g in .,~o~di and figures is a tn?e copy, to-wit: s 15, 390.00 ~ 10018812 ~ fo.f P~.«, F~a,~d,, September 11, 19 72 Fw value received, 1, we w either of ua, p?orhise to y without def~lcation, to ths order of ilRST FEDfRAI SAVINGS AND LOAN IISSOC~ATION OF F ORT PIERCE at fat Pierce, f(orida, the sum of S 1 S~-"~~~ witF? interest from date the rate of 8• 2~ per annum, i~ monthly instai~ ,,~"rs as foltows: S~ 55. ~ ~ 1 St ~y oF ~anua z~ ~ 19 73 _ and s like sum on the correspond~n9 day Of each mo~Ih there- ar~er until the whole be fully paid. Each installment (irat shall be spplied in payment of the interest and thcn on the unpa~d bslance of the p~inc~pal sum. (f d auh is madt i~n the F.,~~nen1 of any ins~a~lment when due, and such default co~tinues 30 days, then at the optM~ of the holder, and without any other notice, all the remain~ng ,r~siallments shall be due and payable at once. Privilege is 9iven to propay this note in whole w in part at any time wi~hout penalty. Neither forebearance. r~or acceptance by the holda thereof after any defau~t in any payments hereon, shall be deemed extension. A late payment charge of s 7'?S shaJl be : c!~d to each installment remaining unpa~d 7 dayi after its due date, and a like sum shall be added to each such iostallment remaining unpaid 7 days after ~a;h succeeding payment date. ' Each maker, surety and endo~ser hereof, jointly a~d severally, waives demand, p~esentment protest and notice of protest for nonpaymenf, and further ayrees to any eztens~on of time of payment, either beiore w after maturity, without notice to any of us; and to pay all costs of collection, induding a r- ssonable atto~ney's !ee in the event of any default hereunder, and hereby severally waives all benefit of homestead and ezemptiw? under the constitution ,nd laws of each State of the United States, as against this obligation or any extension o~ renewal here~f. Witness Ihe ha~d and seal of each party. (SeAU s/ Ma r ian hl . Si zemd re ($EAL) Ruth ~A~~ s/ /Madeline Si2emore ~~qi~ ~23.10 ~ S~ate Revenue (S+x~ap~ eanc~tled ow o~+gir~t-woN) NOW, THEREfORE, ~he MORIGAGOR for the purpose of securing payment of said sum of S 1~, 390.00 ~ the perfwmance of the covenants and agreomems hereinafter eap~essed, and fw divers good and valuable considerations, by these presents, does grant, bargain, selt, remise, ~~•iease, convey and confirm unto the MOR7GAGEE, its succeuors and au+gns, al! that cmtain IoL piece or parcel of laod, situate, lying, and being in fhe County of St. L11C1@ , snd State of Florida, desaibed as followt: The West 250 feet of the East 16'7.'77 feet of the South 430 feet I~ F of Lot 3, J. I. KELLEM'S SUBDIVISION, of the NW4 of Section 34, ,~i 0 ~ Y ~ ~ ~ ~Oa~ - Q~; r Township 35 South, Range 40 East, St. Lucie County, Florida; ~ ~ ~ ~ $ N ~ g ~ ~ according to plat thereof filed in Plat Book 3, page 85, Public (]a lft ~ ~ i ~ Recor ds o f St. Lucie Coun ty, F lori da; t he east line o f t he a b ove '1 i j ~~g ~ m ~ : . n ' • ' s;; described parcel being the west line of the American Telephone LLr'~.•,~ ~ t r ; U ~ ~ O Q ~ w ~ - o & Telegraph Cable ~asement,? (,(~Z ~ , ,w c1 t~ l'- ~ a vya : o ~ ~ ~ Or ' O o i > ~ i~ W~ T'his is a second mortgage, being ~unior and in£erior }'p W , only to a prior first mortgage from mortgagors to mor tgagee dated October 8, 1971, and recorded in ~ L f t 0 Q 0. R. Book 196, pages 760 and 761, Public ~ecords of St. Lucie County, Florida. e.~+r we~t cou~tr ~t rogether with all and singular the tenements, hereditaments and appunsnces thersunto belaging w in anywiu appertainirg thereto, ~nd al! renti, Fuues, P~occeds and p?of~ts accruing and to accrue from said premises, a!! of wh;th are included in the above and fwegoing description ~nd hsbendum. TO HAVE AND TO HOID the above described and granted prcmises unto the said MORTGAGEE, its successon and ~si~gns forever. And tM sald "~tORTGAGOR for - thelr----- heirs, executors, administratora and assigns, hereby tovenants wifh the ssid MORTGAGEE, ib successors ~nd ~aipro, rhat the~/ dZP ~awfully seized of the said premises in fee simpir, that the ume ~re free, dear and dixha~ged from sll liens and encvm- brances in law w in equity, and that thev N,~~~ a~ ` thelr hein thall w~rrant and defend the title to the ums to the said = thORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all persorn; ; PROVIUE~, AlWAYS that if tF+e MORTGAGOR shall p~y unto the MORTGAGfE the promis~ory note hereinbefws described snd shatl truly, promptly and fully pe~form, discharge, execute, complete, comply wi:h and abide by each and every the itip~rlations, apreements, conditrons and covenann of ssid i promi~sory note and of this Mortgage, then this AAatgsge and the Estate hereby ae~ted shall ceas~ arrd be null and void. IT IS UNOERSTOOD that the word "Mortgagor" wfxther in the singular or plunl anywhere in this MwtgaQe, stull be singular if one only and shall be ptural 'pintly and seve~ally if more thsn one, and that the wad "their" as used ~nywhere io this Mortgage sh~tl be bkm to mean "bis;' "hen," ' or "its;' wherever the context w implies w admits. Alw, thst wherever there is • reference in the covenann +nd agreements herein contained to any of l' ~he parties hereto, the same shatl be construed to mean a~ well a~ the lxirs, kgal represenbtives, successws and ~uigns (either volunqry by sct of the parties or involuntary by operatan of the law) of the s~me ar?d that the covenants herein contair?ed shall bind ~nd The ber?efin and sdvaMayes inure ro the respective heirs, legal ropreuntatives, successors and su~g~s of the parties Ixreto. And said Mortgsgon, fw themselves and their heirs, tegal reprete+~tatives, wctessors and assigns, hereby jointly and severally covensnt ~nd apree ~o and with the said MORTGAGEE, its successws and assigns: 4 1. To pay all and singulsr the principal and interest and the vario~s and sundry tums of ma~ey payable by virtue of ssid promissory note, +nd this ~ mortgage, exh •nd every, promptly on tF?e dsys respettively the same severaNy becortre dve. ; 2. To pay all and ~ingvlar the taxes, assesune~n. lewies, liabifities, obligatans and encumbrances of every nature snd kind now on said dewibed F property, a thst hereafter msy be imposed, suffcred, plxed, fevied, or ~ssassed thereon, w thst hereafter may be kvied or ~ssessed upon this Mort~- ~ sge, or the indebtedneu secured hereby, each snd every, when due ~nd payable, +ccordiny to law, befae ~hey become delinquent, and before ~ny interest ; atraches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKOR~ THE SAME SHAII BE PROMPTIY SATISfIED AND DISCHARGED OF ~ RECORD AND THE ORIGINAL OffIC1Al DOCUMENT (SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFAC110N P/IPER OFFICIAtLY ENDORSED ; OR CERTIfIED) SHAII BE PLACEO IN THE HANOS Of SAtD MORTGAGEE WITHIM iFN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not j pa~d, saYsfied and discharged sa:d MORTGAGEE may at any t~me pay the same a any part thereof without waiving or affeding •ny option, lie~, equity w •~aht under w by virtue of this mortgage and the full ~mou~t of eath and every suth payment shall be immediately dve and psyabk and shall besr intaest +~om tix date thereof until paid ar rate of n;ne per centum per annum and together w•ith such interest thall ec red by t e e th:a morgtaye. Jucr. Pac~~~~~ ~ . ~ : ~ _ _ _ ~ ~~r~c.~~,r~s~~~ ~s ~ ~